E ecstatic Registered User Messages 226 25 Oct 2007 #1 Hi , Posting on behalf of someone who faces the current financial issue. He has an asset base of 6.4Million in property with a mortgage of 3.2Million. With whom is it best for him to place his mortgage with as it is a investment mortgage and at the moment his bank are looking to charge LIBOR +1. I expect worst case scenario bank to give ECB+1 but with his LTV i would have assumed a lot less. Any ideas who is best bank to talk with and what rate? Last edited: 25 Oct 2007
Hi , Posting on behalf of someone who faces the current financial issue. He has an asset base of 6.4Million in property with a mortgage of 3.2Million. With whom is it best for him to place his mortgage with as it is a investment mortgage and at the moment his bank are looking to charge LIBOR +1. I expect worst case scenario bank to give ECB+1 but with his LTV i would have assumed a lot less. Any ideas who is best bank to talk with and what rate?
C ClubMan Registered User Messages 49,236 25 Oct 2007 #2 Moved from Mortgages and Buying and Selling Homes.
E ecstatic Registered User Messages 226 26 Oct 2007 #3 this is about mortgages clubman surely it should be in mortgage section ?
C ClubMan Registered User Messages 49,236 26 Oct 2007 #4 No - that forum is for homeowner/owner occupier issues*. Your query relates to investment properties/mortgages. * Maybe the strapline needs to make this clearer.
No - that forum is for homeowner/owner occupier issues*. Your query relates to investment properties/mortgages. * Maybe the strapline needs to make this clearer.